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Coin and Paper Money Collecting/1924 penny
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Question
I have been collecting coins for about two years now and my mom gave me an old coin that she got as a gift when she was young it is a 1924 Philadelphia mint wheat penny but it looks like steel and is magnetic I figure it is more than likely fake but she is attament it is real can you please help. thank you for your time ~ Scott
Hi Scott,
Without physically inspecting the coin, I can not tell you what you have. It could be a penny that was struck on a foreign planchet, it could be a fake, it could possibly be a pattern coin, etc.
Get the coin authenticated by ANACS, PCGS or NGC
Regards
Joe Hylas
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Answers by Expert:
Joe Hylas
Expertise
Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.
Experience
Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US
Organizations
PCGS, NGC, Rotary
Publications
Physician's Money Digest
Education/Credentials
Bachelor's Degree in Business Administration
Awards and Honors
Paul Harris Fellow
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